https://clevershark.com Bits and rants from Tony Emond Wed, 30 Nov 2011 20:46:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 127613282 https://clevershark.com/2011/11/whatever-you-thought-you-knew-about-the-2008-bank-bailout-is-wrong/?utm_source=rss&utm_medium=rss&utm_campaign=whatever-you-thought-you-knew-about-the-2008-bank-bailout-is-wrong https://clevershark.com/2011/11/whatever-you-thought-you-knew-about-the-2008-bank-bailout-is-wrong/#respond Wed, 30 Nov 2011 20:46:17 +0000 http://clevershark.com/?p=2240 …because the reality is over 10 times worse than what was made public at the time. In fact a total of $7.7 trillion in loan guarantees and lending limits were issued by the Fed, which makes TARP seem like a trifle in comparison.

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